Green Mining Innovation Inc.
Green Mining Innovation Inc. engages in the exploration of mineral properties in the provinces of Québec, and Newfoundland. The company focuses on developing gold and technology metal deposits. It holds 100% interest in the Fortune property located in the Gaspé Peninsula, Québec; Panache North property situated in the Windfall Lake (Urban Barry) area of Québec; and the Prince Property located in … Read more
Green Mining Innovation Inc. (GMI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.074x
Based on the latest financial reports, Green Mining Innovation Inc. (GMI) has a cash flow conversion efficiency ratio of -0.074x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-95.05K) by net assets (CA$1.28 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Green Mining Innovation Inc. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Green Mining Innovation Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Green Mining Innovation Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Green Mining Innovation Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MDK Acquisition Inc.
V:MDK-P
|
N/A |
|
HYDRACT A/S DK -10
F:8X3
|
N/A |
|
AIQ Ltd
LSE:AIQ
|
0.281x |
|
abrdn Asian Income Fund Limited
LSE:AAIF
|
0.031x |
|
Axelum Resources Corp
PSE:AXLM
|
-0.018x |
|
Broadside Enterprises Inc
PINK:BRSE
|
-0.012x |
|
TPL Properties Ltd
KAR:TPLT
|
N/A |
|
Great Basin Energies Inc
PINK:GBEI
|
N/A |
Annual Cash Flow Conversion Efficiency for Green Mining Innovation Inc. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Green Mining Innovation Inc. from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$1.61 Million | CA$-292.00K | -0.181x | -150.81% |
| 2022-12-31 | CA$-490.80K | CA$-175.16K | 0.357x | +280.54% |
| 2021-12-31 | CA$1.24 Million | CA$-244.72K | -0.198x | +60.09% |
| 2020-12-31 | CA$794.20K | CA$-393.33K | -0.495x | -- |